Soon after he exposed how bricks were bought for six times their value for roads that were never built in the northern Indian state of Uttar Pradesh, Amarnath Pandey was shot near his home. The bullet, which he believes was fired by contractors who were benefiting from the brick scam, clipped his ear and grazed his skull, leaving him in hospital for weeks. Pandey, 56, a doctor from Robertsganj, a sleepy city...
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Tackling the blight of misgovernance by Minhaz Merchant
Global business abhors uncertainty. The ministerial-level corruption in UPA-II has slowed FDI and FII inflows. The stock market, despite double-digit corporate profit and 8.6% GDP growth, reflects the anxiety of Indian and foreign investors. To take India's growth story forward in the 20th year of economic reforms, political reforms must catch up. Misgovernance won't do in a globalised, interconnected world. Two kinds of political corruption blight India: episodical and ongoing. Episodical...
More »NGOs lash out at GoM on coal mining by Sujay Mehdudia
A number of non-governmental organisations (NGOs), including Greenpeace, on Wednesday lashed out at the Pranab Mukherjee-headed Group of Ministers (GoM) on coal mining for working in an “undemocratic manner” and sought greater transparency and openness in its functioning. “We are demanding that the process be opened up and made transparent. There has to be proper consultation with the stakeholders and issue experts,” Ashish Fernandes of Greenpeace India said in a statement...
More »Mine and theirs
The draft bill from the mines ministry that is meant to begin the overhaul of India’s outdated and archaic mining regulations — the Mines and Minerals (Development & Regulation) Bill, 2010 — had already been generally agreed to by the group of ministers scrutinising the legislation. Yet the deputy chairman of the Plan- ning Commission, Montek Singh Ahluwalia, has made a telling point or two about a particular provision in the...
More »TN & Bihar at two ends of Economic freedom chart
Tamil Nadu offers maximum economic freedom and Bihar the least among 20 of India's big states, according to a study released on Tuesday. The Economic Freedom of the States in India 2011 ranked the states based on the extent of wealth, administrative and social parameters in 2009. The USbased Cato Institute published the rankings in association with Indicus Analytics and the Friedrich Naumann Foundation. Both the states retained their positions...
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